Bitcoin (BTC) Remains Below $26,000 Mark
- Bitcoin (BTC) is below the $26,000 mark.
- Popular altcoins like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) saw mixed performance.
- Trust Wallet Token (TWT) was the biggest gainer with a 24-hour jump of over 8 percent.
- Arbitrum (ARB) was the biggest loser with a 24-hour dip of over 5 percent.
The global crypto market cap is $1.03 trillion, with a 24-hour dip of 0.60 percent.
Bitcoin (BTC) Price Today
Bitcoin price is $25,903.18, with a 24-hour gain of 0.81 percent.
Ethereum (ETH) Price Today
Ethereum price is $1,590, with a 24-hour loss of 1.22 percent.
Dogecoin (DOGE) Price Today
Dogecoin price is $0.06159, with a 24-hour gain of 0.67 percent.
Litecoin (LTC) Price Today
Litecoin price is $60.27, with a 24-hour gain of 1.65 percent.
Ripple (XRP) Price Today
XRP price is $0.4789, with a 24-hour dip of 3.54 percent.
Solana (SOL) Price Today
Solana price is $18.13, with a 24-hour loss of 0.90 percent.
Top Crypto Gainers Today (September 12)
According to CoinMarketCap, here are the top five crypto gainers over the past 24 hours:
- Trust Wallet Token (TWT)
- Price: $0.8074
- 24-hour gain: 8.28 percent
- Optimism (OP)
- Price: $1.34
- 24-hour gain: 5.76 percent
- Frax Share (FXS)
- Price: $5.15
- 24-hour gain: 2.77 percent
- Astar (ASTR)
- Price: $0.06012
- 24-hour gain: 2.03 percent
- GMX (GMX)
- Price: $31.70
- 24-hour gain: 1.66 percent
Top Crypto Losers Today (September 12)
According to CoinMarketCap, here are the top five crypto losers over the past 24 hours:
- Arbitrum (ARB)
- Price: $0.785
- 24-hour loss: 5.88 percent
- Klaytn (KLAY)
- Price: $0.1239
- 24-hour loss: 5.51 percent
- Flare (FLR)
- Price: $0.01183
- 24-hour loss: 5.04 percent
- UNUS SED LEO (LEO)
- Price: $3.66
- 24-hour loss: 4.81 percent
- Quant (QNT)
- Price: $93.53
- 24-hour loss: 4.41 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel said that Bitcoin’s price decrease could be attributed to market concerns regarding selling pressure from the bankrupt exchange FTX. Ethereum has maintained its trading value above $1,540. Bitget, a prominent Crypto Derivatives Exchange, unveiled the Bitget EmpowerX Fund, committing to allocate $100 million to bolster the company’s presence in the cryptocurrency industry. The market is anticipating the release of the US Consumer Price Index data for August tomorrow.
Shubham Hudda, Senior Manager at CoinSwitch Markets Desk, mentioned that Bitcoin briefly lost its crucial support at $25,000 and Ethereum slid past its support at $1,600.
Sathvik Vishwanath, CEO and co-founder of Unocoin, analyzed the market trends and predicted a possible bullish correction before another downtrend.
Shivam Thakral, the CEO of BuyUCoin, warned about the potential market volatility due to the upcoming US inflation data release.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer documents carefully before making any investment. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.